Global smartphone revenue grew 20% year-on-year to a record $115bn in fourth-quarter 2014 as unit sales rose 19% to almost 346 million (totalling over 1.2bn in full-year 2014), according to market research firm GfK. In Q4/2014, all ...
Tags: Smartphone shipments, Smartphone
Whereas 2014 was a challenging year for lighting products (with most traditional technology suppliers reporting declining quarterly revenues for lamps and luminaires), many LED-only manufacturers saw their revenues rise, says market ...
Tags: LED Lighting, Traditional Lighting
Alvanon, leading global apparel expert, has announced details of the first ever garment sizing, fit, and development project carried out in the Middle East. The project was commissioned by Splash, the Middle East’s largest fashion ...
India’s biscuit maker Britannia Industries is set to increase exports and eyes joint ventures, acquisitions as part of its strategy to enhance its manufacturing capacities in the Middle East. Britannia managing director Varun Berry ...
Flavors producer McCormick has agreed to acquire 100% of Italy-based spice producer Drogheria & Alimentari (D&A) for around €85m (($97m). The company has signed an agreement to this effect which is expected to be closed in May ...
Rexam, a global beverage can manufacturer, has secured land in Sri City, located near the southern Indian city of Chennai to develop a new beverage can plant. Scheduled to be launched by the second half of 2016, the plant in Sri City is ...
Tags: Beverage Can, Packaging
Home textile fair, Morocco Hometex 2015 takes place in Casablanca International Fairgrounds between March 10 and 12, 2015. “Thousands of home textile producers, exporters and importers are going to reunite under the same roof to ...
Tags: home textile, Textile
The United Arab Emirates (UAE) would like to serve as the gateway to better ties between China and the countries in the Gulf region and the Arab world, a senior UAE official said on Saturday. UAE Vice President Sheikh Mohammed Bin Rashid ...
Tags: Belt and Road initiatives, economy
Fonterra expands with new plant in the Netherlands New Zealand-based dairy giant Fonterra Co-operative Group Limited (Fonterra) has commissioned its new dairy ingredients plant in Heerenveen, in the north of the Netherlands. The ...
Tags: Agriculture
The World Gold Council reported that gold jewelry demand by weight rose 1 percent year on year to 566.9 tonnes in the fourth quarter of 2014, while the value of gold jewelry demand slipped 5 percent to $22.2 billion. Gold jewelry demand for ...
Tags: Gold Jewelry, Jewelry
Global industrial coatings market is expected to witness growth owing to increased importance of corrosion resistance, high temperature performance and enhanced service life in automotive, marine, construction and oil & gas industries. ...
Ford today revealed the all-new Focus RS, a high-performance road car that debuts Ford Performance All-Wheel Drive with Dynamic Torque Vectoring Control, which contributes to performance never before seen in a Focus RS. The all-new Focus RS ...
China will improve industrial and commercial cooperation with countries along the "Belt and Road," an official said Tuesday. A bilateral cooperation mechanism between China and countries such as Mongolia, Iran and Turkey will be created ...
3M has reported fourth-quarter earnings of $1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to $7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions ...
Tags: income margins, shareholders, Construction
XCMG cooperates with KAMAZ, the biggest truck manufacturer in Russia, in the field of special vehicles such as truck mounted cranes, forestry cranes, and hook arm for sanitation trucks. As the biggest construction machinery manufacturer ...